International - The European Union on Financial Sector Taxation: What to Do if You Need 85 Billion Euro
- R. Hein
- Derivatives & Financial Instruments, 2010 (Volume 12), No 6
- 25 November 2010
The global financial crisis fuelled an equally widespread debate on the possibility of introducing bank-specific taxes. The EU Commission has been supportive of this idea from the start. In its Communication of 17 September 2010, the Commission sheds more light on the approach it wishes to take.